Insurer ordered to turn over property records
October 15, 2013 by Arthur D. Postal
A Texas insurance company must submit its life insurance policyholder records to the California comptroller for scrutiny as to whether it is complying with the state’s unclaimed property laws.
Judge David Brown issued an order mandating such compliance for American National Insurance Company of Galveston, Texas, Oct. 9. Brown is a judge in state Superior Court in Sacramento.
The case also has implications for Kemper Insurance Co. of Chicago, formerly Unitrin.
Originally Posted at LifeHealthPro on October 15, 2013 by Arthur D. Postal.
Categories: Industry Articles
